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Health

Gedeon Richter Sales In Romania Fall To EUR129.6M In 2011

Hungarian drug maker Gedeon Richter Tuesday said its Romanian sales declined 5.6% to EUR129.6 million in 2011, hurt by weak wholesale and retail activity.

Florentina Dragu · 07.02.2012 · 15:31 · 1 min
IMF: Romanian Healthcare System Must Be Reformed, Public Concern Is Understandable
Health

IMF: Romanian Healthcare System Must Be Reformed, Public Concern Is Understandable

Romania's healthcare system is defective and needs significant reforms, although the public's concern about such changes is understandable, said Jeffrey Franks, head of the IMF agreement eva...

Radu Bostan · 05.02.2012 · 16:53 · 1 min
Romania Issues Yellow Code Alert For Snow, Blizzards Over Weekend
Social/Politics

Romania Issues Yellow Code Alert For Snow, Blizzards Over Weekend

Romanian weather authorities have issued a new yellow code alert for heavy snowfall and blizzards expected throughout the country Friday through Sunday.

Oana Gavrila · 02.02.2012 · 10:23 · 1 min
Drug Wholesaler Farmexim Plans To Invest EUR10M In Relocating Logistical Center
Health

Drug Wholesaler Farmexim Plans To Invest EUR10M In Relocating Logistical Center

Drug distributor Farmexim wants to invest over EUR10 million between 2012 and 2014 in relocating its logistical center from Bucharest’s district Pipera further north.

Ioana David · 02.02.2012 · 00:00 · 3 min
Borbely: IMF Voiced Doubt About Privatizing Romanian Health Insurance Houses
Social/Politics

Borbely: IMF Voiced Doubt About Privatizing Romanian Health Insurance Houses

The International Monetary Fund expressed doubt about the privatization of Romanian health insurance houses, arguing that this system has not proved very successful in some of the countries...

Ioana Tudor · 01.02.2012 · 15:42 · 1 min
Social/Politics

Hungarian Minority Party Asks IMF To Approve Wage, Pension Hikes In 2012

The Hungarian minority party UDMR, part of Romania’s ruling coalition, will ask the International Monetary Fund (IMF) to approve public wage and pension hikes in 2012 and oppose the enforcem...

Ecaterina Craciun · 01.02.2012 · 12:30 · 1 min
Health

Ropharma Net Profit Slides 3.3% To RON10.5M In 2011

Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday said its net profit fell 3.3% on the year to 10.52 million lei (EUR2.5 million) in 2011, despite higher sales.

Florentina Dragu · 31.01.2012 · 20:19 · 1 min
Technology &Telecoms

Electronic Prescription System To Become Operational On June 1

Romania's electronic prescription system has been approved and must be completed by the end of May, so that it can begin operation on June 1, said Lucian Duta, president of the National Heal...

Radu Bostan · 31.01.2012 · 17:12 · 1 min
January: Good For Furniture Industry And Private Clinics, Uncertain For Retail, Weak For Restaurants
Retail&Consumer

January: Good For Furniture Industry And Private Clinics, Uncertain For Retail, Weak For Restaurants

The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results.

Oana Gavrila · 30.01.2012 · 00:00 · 3 min